Last post: June 8th. See chart . Review: Price had broken a resistance level but was still below the all-time high. Update: Price has gained strength since the last post and is making its way to the next resistance level. Conclusion: We need a break of the all-time high to confirm a continuation of the bull trend then we can look for long opportunities. Any...
This stock is featuring for the first time on our TradingView blogs. Current setup: Price is still in consolidation but has broken a strong resistance level and is now approaching the next area of resistance. Conclusion: At the moment we have to stand aside. A break of the next resistance level will confirm a continuation of the previous bull trend and at that...
Similar industries and a mild Rodrigue pattern is emerging as it did with SPD. Different timescales of course
I've placed a buy order on JD Sports at 402 with a TP at 500 and SL at 360 just below the 200MA. I believe the company has great growth potential with outstanding financials. Q1 results are out tomorrow hence the reason for the order above the current price, we could see a gap up but I will monitor it in the morning to see if we miss my entry, if so it will be...
When will this excellent stock ever stop. The Brexit pullback created a bull flag which is now completed, and so a projection can be extended to around 380p. When the pre-Brexit top is taken as a 100% fib, the 161.8% extension reaches the same figure, giving two technical indicators to the same target. Note that the recent ramp has also formed a small bull flag,...